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Principles of Macroeconomics 8th Edition

N. Gregory Mankiw

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This Cengage solution can be seamlessly integrated into most Learning Management Systems (Blackboard, Brightspace by D2L, Canvas, Moodle, and more) but does require a different ISBN for access codes. Please work with your Cengage Learning Consultant to ensure the proper course set up and ordering information. For additional information, please visit the LMS Integration site.

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Overview

Provide an approachable, superbly written introduction to macroeconomics that allows all types of students to quickly grasp concepts and build a strong foundation. Mankiw's popular PRINCIPLES OF MACROECONOMICS is the most widely used resource of its kind in economics classrooms worldwide, covering only the most important principles to avoid overwhelming students with excessive detail. Extensive updates in the eighth edition feature relevant, meaningful examples. MindTap® and Aplia digital course solutions are available to improve student engagement and retention with powerful student-focused resources.

N. Gregory Mankiw, Harvard University

N. Gregory Mankiw is Robert M. Beren Professor of Economics at Harvard University. He studied economics at Princeton University and MIT. Dr. Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the American Economic Review, Journal of Political Economy, and Quarterly Journal of Economics, and in more widely accessible forums, including The New York Times, The Washington Post, The Wall Street Journal, and Fortune. Dr. Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005, he served as chairman of the President’s Council of Economic Advisers.

MindTap® is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap.

Developed by teachers, Aplia assignments connect concepts to the real world and focus on the unique course challenges facing students. In the last 15 years, more than two billion answers have been submitted through Aplia, representing millions of students who have come to class more engaged and better prepared.

  • MINDTAP AND Aplia: MANKIW WILL CONTINUE TO OFFER AS A STANDALONE COURSE SOLUTION. Aplia offers the most successful and widely used homework solution in the economics’ market. With more than one billion answers entered, Aplia provides an unmatched homework resource for your students. Online interactive problem sets, analyses, tutorials, experiments, and critical-thinking exercises give students hands-on application without adding to your workload.
  • THIS EDITION’S ENHANCED INTERACTIVE BOOK STRENGTHENS THE LEARNING EXPERIENCE. The Interactive eReader does much more than move words from the printed book to a digital device. It enhances your students' learning experience by allowing them to search, highlight text, take notes and interact directly with complex figures. The eReader also from supports media from both Cengage Learning, the book’s publisher, or third-party media providers, such as YouTube. Additionally, it is now more accessible to visually-impaired students with new alternative text that is added to all images and tables for every chapter.
  • CONCEPTCLIPS HELP STUDENTS MASTER ECONOMICS TERMS. These high energy videos, embedded throughout the interactive book in MindTap® and Aplia, address the known student challenge of understanding economics terminology when initially introduced to the subject matter. Developed by Professor Mike Brandl of The Ohio State University, these concept based animations provide students with memorable context to the key terminology required for your introductory economics course.
  • PREMIUM POWERPOINT® PRESENTATIONS EASE YOUR COURSE PREPARATION WHILE INCREASING STUDENT INVOLVEMENT. Chapter-by-chapter slides organize lecture points into sections that students can easily digest. The PowerPoint slides animate graphs the way you might draw them and include Student Note Prompt handouts to facilitate effective note-taking without distracting students from active participation in class.

Principles of Macroeconomics

TABLE OF CONTENTS

About the Author.
Brief Contents.
Table of Contents.
Preface.
Part I: INTRODUCTION.
1. Ten Principles of Economics.
2. Thinking Like an Economist.
3. Interdependence and the Gains from Trade.
Part II: HOW MARKETS WORK.
4. The Market Forces of Supply and Demand.
5. Elasticity and Its Application.
6. Supply, Demand, and Government Policies.
Part III: MARKETS AND WELFARE.
7. Consumers, Producers, and the Efficiency of Markets.
8. Application: The Costs of Taxation.
9. Application: International Trade.
Part IV: THE DATA OF MACROECONOMICS.
10. Measuring a Nation’s Income.
11. Measuring the Cost of Living.
Part V: THE REAL ECONOMY IN THE LONG RUN.
12. Production and Growth.
13. Saving, Investment, and the Financial System.
14. The Basic Tools of Finance.
15. Unemployment and Its Natural Rate.
Part VI: MONEY AND PRICES IN THE LONG RUN.
16. The Monetary System.
17. Money Growth and Inflation.
Part VII: THE MACROECONOMICS OF OPEN ECONOMICS.
18. Open-Economy Macroeconomics: Basic Concepts.
19. A Macroeconomic Theory of the Open Economy.
Part VIII: SHORT-RUN ECONOMIC FLUCTUATIONS.
20. Aggregate Demand and Aggregate Supply.
21. The Influence of Monetary and Fiscal Policy on Aggregate Demand.
22. The Short-Run Tradeoff between Inflation and Unemployment.
Part IX: FINAL THOUGHTS.
23. Six Debates over Macroeconomic Policy.
Glossary.
Index.

Principles of Macroeconomics

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Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

FOR INSTRUCTORS

Test Bank, Volume 5 (chapters 23-29)

ISBN: 9781337108287
This updated Test Bank, revised for this edition, offers more than 250 questions per chapter. Every question has been checked to ensure the accuracy and clarity of the answers. All questions have been carefully revised to address the main text revisions. True/false, multiple-choice, and short-answer questions assess students’ critical-thinking skills. Easy, medium, and difficult questions outline the process that students must use to arrive at their answers: recall, application, and integration. Questions are organized by text section to help you easily choose your selections.

Test Bank, Volume 6 (chapters 30-36)

ISBN: 9781337107488
This updated Test Bank, revised for this edition, offers more than 250 questions per chapter. Every question has been checked to ensure the accuracy and clarity of the answers. All questions have been carefully revised to address the main text revisions. True/false, multiple-choice, and short-answer questions assess students’ critical-thinking skills. Easy, medium, and difficult questions outline the process that students must use to arrive at their answers: recall, application, and integration. Questions are organized by text section to help you easily choose your selections.